The Department of Justice (DoJ) filed broad charges against Chinese telecom giant Huawei Technologies Co. Ltd. and its CFO Wanzhou Meng for allegedly stealing trade secrets from U.S. mobile firm T-Mobile and deceiving U.S. stakeholders about its business activity in Iran, among a number of other fraud and conspiracy activities over a 10-year period.
Tag: trade secrets
The Obama Administration on Wednesday released a report detailing new Administration measures to protect U.S. trade secrets and intellectual property. The report: “Administration Strategy on Mitigating the Theft of U.S. Trade Secrets” (PDF) establishes a new foundation for cooperation between the U.S. government and the private sector. It comes just days after a bombshell, 60-page report by the security firm Mandiant that described the activities of “APT1” – a hacking group that Mandiant claims is actually a cyber warfare unit of China’s People’s Liberation Army (PLA). In a post on the Whitehouse blog, the Administration said the Strategy is a continuation of Obama Administration policy to protect U.S. companies from the theft of trade secrets. Under the new Strategy, the Administration will take a “whole government” approach, using diplomatic pressure via the State Department, coordinated, international legal pressure through the Department of Justice and FBI. The U.S. will tap the […]